Nvidia’s stock plummeted by as much as 5% on Monday, extending a decline seen in the prior week. The move was sparked by US President Donald Trump announcing new tariffs of 10% on imports from China and 25% on those from Mexico and Canada. The news sent shockwaves through the tech industry, with many investors … Read more
A class action lawsuit has been filed against Target Corporation and its officers over alleged violations of federal securities laws. The lawsuit claims that the company misled investors with false statements about its Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) mandates. The complaint alleges that Target’s 2023 LGBT-Pride campaign caused widespread … Read more
President Donald Trump’s steep tariffs on Canada, Mexico, and China could worsen existing drug shortages in the US, raise healthcare costs for patients, and threaten cash-strapped generic drugmakers. The proposed import taxes come as the US grapples with an unprecedented shortfall of crucial medicine. The US relies heavily on other countries for pharmaceutical products, especially … Read more
Los Angeles Rams wide receiver Cooper Kupp has announced that he will be traded by the team, citing a lack of agreement over his future with the organization. In a social media post on Monday, Kupp expressed his disappointment and gratitude towards the LA community for embracing his family during his time with the Rams. … Read more
The Trump administration is facing pressure from medical device industry groups, including Advamed, over potential tariffs on imported goods. The group’s CEO, Scott Whitaker, expressed concerns that tariffs could disrupt the supply chain and impact innovation, R&D, and prices for patients. Whitaker stated that tariffs affect U.S. companies like an excise tax, which could lead … Read more
Fundstrat Global Advisors’ head of research Tom Lee believes the recent sell-off in stocks due to President Donald Trump’s tariffs presents an opportunity for investors to buy the market. Contrary to this, cryptocurrencies are yet to show signs of recovery. Lee stated that he expects the S&P 500 to rise higher by mid-year and even … Read more
Electronic Arts (EA) has provided the first official look at its upcoming Battlefield game as part of a video revealing what it calls “Battlefield Labs” and an invitation to playtesters. The brief gameplay snippet showcases pre-alpha development, which will help inform player feedback on priorities, improvements, and refinements before the game’s release. Four EA studios … Read more
Neil Gaiman, a bestselling fantasy author, has been sued by a former live-in nanny who claims he raped her multiple times while she worked for his family. Scarlett Pavlovich alleges that Gaiman coerced her into forced sexual encounters as a condition of her employment, and that he had a “decades-long history” of similar behavior towards … Read more
El Salvador has offered to house “dangerous criminals” from anywhere in the world, including those deported from the US, in its jails. This proposal was made by US Secretary of State Marco Rubio during his first overseas tour as top diplomat. Rubio met with El Salvador’s President Nayib Bukele and discussed ways to help the … Read more
A recent survey has revealed that nearly half of US adults are unaware of outdated medical advice suggesting that taking an aspirin a day can keep heart attacks away. The new guidelines from the American Heart Association and the American College of Cardiology recommend that healthy older adults not take daily low-dose aspirin due to … Read more